Page 12 - DMEA Week 31 2022

DMEA NEWS IN BRIEF DMEA

REFINING financing, and new technologies in cement million mtpa new production line in Edo
and modular refinery. Cement to be sited at Obu, Edo state. The
Iraq’s northern crude modular refineries in 2021 Edo State is now $600 million Cement Plant in Okpella, Edo
With two cement factories and two
State was opened in 2015 with a capacity of 3
exports drop amid refining Nigeria’s new industrial hub. Edo State has million mtpa resulting in a 3.5 million mtpa
capacity today to reduce the price of cement
combined installed capacity at both Edo and
boost and reduce the huge budget for fuel subsidy. Obu plants.
Asides from the initial costs, over $100
Dangote cement, Okpella, BUA cement
After three consecutive months within Okpella, Edo Modular Refinery Ologbo and million was invested in gas turbines to power
touching distance of 100,000 bpd, federal Iraqi Duport Modullar Refinery, Egbokor in Edo a 50-megawatt plant for 24-hour electricity
exports through the Kirkuk-Ceyhan pipeline State have created Edo new industrial hub. generation as well as the construction of a
dropped to 75,000 bpd in July. Edo under Governor Obaseki has produced 30km gas supply pipeline. The world-class
A source tells MEES that the drop is not the first energy park and two cement plant would give a much needed boost to
due to any mechanical problems with the companies in Nigeria. The new industrial Nigeria’s cement industry as well as enhance
pipeline, but because volumes from North hub has repositioned Edo State economy the development of related sectors, including
Oil Co.’s (NOC) Kirkuk operations are being to be viable and globally competitive; it has housing and construction.
increasingly diverted to refineries to meet been able to set a pace for future growth and Duport Midstream Company Limited
domestic demand. This situation could persist massive industrialisation. Edo Government of Lagos announced in late March that its
through summer, given Iraq’s need for fuel says the ongoing Modular Refinery project at upcoming modular refinery in Nigeria’s
oil for power generation due to its insufficient Ologbo in Ikpoba-Okha Local Government Edo State would indeed be ready for
gas volumes. Diesel consumption in private Area of the state, will on completion; drive the commissioning in the fourth quarter of this
generators also typically increases in the hot state’s industrial revolution quest and reduce year. This project is being implemented by
summer months. petrol subsidy in Nigeria. Duport alongside the Nigerian Content
MEES Dangote Group is producing Cement in Development and Monitoring Board
Okpella, Edo State. It is predicted that the new (NCDMB). NCDMB Executive Secretary
Edo: Nigeria’s new plant will add more millions metric tonnes per Simbi Kesiyi Wabote recently toured the
annum to the company’s current local cement
project site and reportedly confirmed that
industrial hub output of 29.25 million tonnes. Dangote the project has reached approximately 80%
completion. The Duport modular refinery
Cement says that work is underway to
Edo State is the only state in Nigeria that can increase its total cement production capacity is a small part of the country’s long-term
boast of the establishment of two cement in Nigeria by 4.5Mt/yr before September objective for improving its industrialization.
companies and two modular refineries 2022. The plans consist of new lines at the Mr. Wabote stated that “When the Federal
between 2013 and 2022. Dangote cement, Bua company’s cement plants in Obajana, Kogi Government enunciated the policy on the
cement in Okpella, Edo Modular Refinery state, and Okpella, Edo state, and the restart of development of modular refineries, the
Ologbo and Duport Modullar Refinery, production at its plant at Gboko, Benue state. NCDMB decided to explore ways through
Egbokor in Edo State have become the new In 2009 BUA Group acquired the Cement which we can build modular refineries to
industrial hubs of Nigeria. Company of Northern Nigeria, CCNN refine products locally.” Duport Midstream
Edo production centre can boast of many (SokotoCement) and the Edo Cement Company Limited is hoping to develop the
companies which have changed Edo State Company to boost and increase the metric first energy park in Nigeria, beginning with
economy forever. The new Edo economy tonnes of annual cement production in this refinery and over the next five years it
that can create an environment for existing the country. In 2018, BUA Obu Cement hopes to add a gas processing plant, a CNG
firms to grow, become more productive and completed a 3million mtpa plant resulting in plant, a refined product terminal and a power
cheap. Edo State economy can facilitate access a combined capacity at Okpellaof 6million plant in Nigeria’s Edo State.
to a larger consumer base, a greater pool mtpa. At the second quarters of 2015, BUA Duport Midstream and other investors
of qualified workers, additional sources of signed a contract with FLSmidthfor a 3 to develop critical energy facilities were

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